I am 30 miles west of Boston, and housing prices here have been skyrocketing, too. Good if you have equity and want to sell and retire, terrible for young families.
“I am 30 miles west of Boston, and housing prices here have been skyrocketing!”
30 to 60 miles seem to be a prime exodus retreat mileage for those buying homes here to avoid the Big Blue disaster cities.
We do have some formerly NYC workers/lived there, people. They were the early exodus people when the pandemic and riots broke a year plus ago.
Many of the new buyers are from Gay Frisco, Oakland and Sillycon Valley.
My wife has a niece, who is a realtor in the middle of nowhere in the midwest, 2-3+ hours from any big blue city.
She has sold more homes in the last year than her previous 2 plus decades. She has a waiting list of buyers and people wanting to rent an apartment in the complex, she owns.